Precept is California's leading provider of employee benefit procurement, consulting, administrative and data management solutions. Precept delivers an integrated human resource management process that improves an organization's return on its investment in human capital. Precept has delivered successful corporate benefit and compensation solutions to thousands of local and national clients in a wide range of industries. This client base includes Fortune 500, Fortune "Most Admired," Forbes "Top 200 Places to Work" and INC "Fastest Growing" firms with employees in 40 states. Since 1987, Precept has managed over 8,000 contracts with more than $6 billion of insurance premiums and retirement assets and has achieved a client retention rate of over 97 percent. Precept has headquarters in Irvine.